COS Token Burning #7 Announcement
Dear COSers,
As a great beginning in 2022, Binance.com and Contentos Foundation worked on the Learn & Earn COS activity to engage with global communities, to share our vision of how NFT and metaverse will shape the future of content creators and the industry.
Contentos is the most open, fair, transparent and community-driven content blockchain ecosystem, and there are more than 15,180,000 COS staked into Contentos Main-net from lots of new friends in the past three months. The peak of trading volume has been over 470 millions. A great progress to show the contribution from everyone.
In Q1 2022, Contentos team has delivered our gratitude with zero fee of VEST loan to communities who have joined Learn & Earn COS and contribute to our mainnet. Thank all of you. Each one of you is a part of this vision. We are also continuing to accomplish our promise of the Long-term Burning Plan for COS tokens.
Following our long-term burning plan for COS tokens, we will conduct our 7th token burning the day after tomorrow, April 1st, 2022.
Token amount to be burned: 3,024,113
Token burning date: April 1st, 2022
Source of profit: Q1 2022 — Video NFT Minting Fees, COS.TV Ad Revenue, COS.TV Gifting Votes Revenue, Fans-Only Content Revenue
Total COS token supply after burning: 9,931,243,928.60
Token burnings will occur quarterly as the Contentos Foundation continues to receive income from VEST lending and more upcoming activities. We look forward to boosting the value of the Contentos ecosystem with our active community participants.
We will update the post once the burn transaction takes place.
Transaction: https://explorer.binance.org/tx/E1E085732CE4E53F8BD53CA99ADD94CC7701DB3D763D4168F08FE4D942DB90B9
Previous Token Burning Announcements:
COS Token Burning #6 Announcement
COS Token Burning #5 Announcement
COS Token Burning #4 Announcement
COS Token Burning #3 Announcement
COS Token Burning #2 Announcement
Join Contentos in Our Ultimate Goal of Burning 5 Billion COS Tokens
